lystn

Nasir and Matt cap off the week talking about San Diego Comic-Con suing a comic con in Salt Lake City for trademark infringement. They then answer the question, "I want to bring on a new shareholder in my S Corp. The only problem is they are not a US citizen. How can I get around this issue?" Full Podcast Transcript NASIR: Welcome to Legally Sound Smart Business. This is Nasir Pasha and… this is… MATT: This is Matt Staub. NASIR: Matt, Matt Staub. Darn it. Welcome to our business legal podcast where we cover business in the news and also answer some of your business legal questions that you, the listener, can send in to ask@legallysoundsmartbusiness.com, and that’s an email address so just don’t mail that in to that address. You have to use your email system to do that. MATT: You know, all week, you’ve been trying to introduce me, say my name at the same time I say it. It’s two different audio recordings so I guess, if you really wanted to, you could just have it be at the same time. I don’t know if it really matters. Even if you would have gotten the exact same recording, we could have changed it anyways. NASIR: Well, I assume you haven’t been listening to the previous episodes because I’ve had Chris cut out your name pretty much every time, and your voice. So, it’s just been me this entire time for the last few weeks. I was wondering if you were going to mention anything but you didn’t say anything so I assumed you knew. MATT: Just dead air time in times when I was actually speaking? NASIR: Yeah, and it sounds like I’m talking to myself and I’m hearing voices which, sometimes, I do feel that. MATT: Well, we’re going to go close to home with this story because we’re dealing with San Diego Comic-Con, specifically a lawsuit, of course, because that seems to be what we usually talk about. This is interesting because I obviously knew San Diego Comic-Con. It’s a huge event every year but I had seen some other Comic Cons that have popped up and I didn’t know if there was an affiliation with the San Diego Comic-Con or what the deal was and this kind of gives me an answer because San Diego Comic-Con is suing the Salt Lake City Comic Con. I guess this lawsuit was just filed – very fresh lawsuit, basically saying that they’re infringing upon their trademark with the Comic Cons. I guess the difference is the Salt Lake City Comic Con must have been awful. I take that back. It was either awful or it was so good and so lucrative that San Diego is trying to get money from it. It’s one of the two, probably. NASIR: Yeah, and I don’t know, have you ever been to the Comic Con in San Diego? MATT: I’ve never been. I’ve gone down to the area a few times but I’ve never actually been inside for any of the actual stuff. NASIR: Yeah. I’ve always wanted to go and I’ve come close but then I feel weird. I feel like it’s not for me. I feel like I’m almost depriving other people that are more interested in those things than I am so I feel like, “Okay, I’ll just let other people go,” because there are very limited tickets and it gets sold out every time and you have to go in the wait list. They come out I think six-plus months in the year and so forth for the San Diego Convention. But, the Salt Lake Comic Con, it’s actually pretty popular apparently. It’s only been going on for a few years and so forth. In Utah’s defense, they talk about that’s why they’re being targeted – because of their recent popularity and so forth. But what’s interesting is what you said. You were assuming that there was some kind of affiliation and that’s kind of an issue. The organizations are suing this Salt Lake Comic Con because it confuses fans into thinking the two are affiliated and that’s pretty much the basis for an infringement – if there’s a likelihood of confusion. Here, obviously, I mean, you have Salt Lake Comic Con and San Diego Comic-Con. When people say the Comic Con, pretty much everyone I understand knows that that refers to San Diego Summer Comic Con...